Right to Buy Mortgages We provide Right to Buy Mortgages for council tenants and housing association tenants. Even if you have credit problems we will happily consider your situation and try to find a way of helping own your own home.

		Take advantage of your Right to Buy: Take control of your life - no more waiting for the council to do those home improvements you've been waiting for. You become free to do what you like Pay up to £38,000 less than the property is worth! One of the best financial opportunities you're likely to be handed. Own an asset that will almost certainly grow in value Stop wasting money on rent - a mortgage on a discounted property may not cost you nearly as much as you think (let us show you how a mortgage would compare to your current rent) Enquire If you dream of owning your home then Solution Loans can help turn your dream into reality. In just a couple of months you could be the owner of your own home. You may be frustrated that you can't get your landlord to make the improvements you want done to your property. You may be fed up with paying rent and having no stake in the ownership of your house. And if you thought you had to be a Council tenant to benefit from right to buy, think again! You may also be able to benefit if you are a Housing Association tenant. The scheme has been running 20 years and while successive governments have diluted it it is still possible to get discounts on property values of up to £38,000 Enquire Why you should consider buying now The Right to Buy was introduced in 1980 as a means to extend home ownership amongst those who had traditionally rented. The scheme allows tenants to buy their home at a discount to the full market value. Around 60,000 properties are purchased via the Right to Buy scheme every year. Since 1980 more than 2 million properties have been sold to the occupiers. However, over the years the Government has diluted the scheme and there is every chance that they could do this further in the future. As it stands you can still benefit significantly from the scheme (discounts of up to £38,000 are still available), but it make sense to act now and to examine your own right to buy. No one can predict the Government's next move. We will help you look at your finances and calculate the benefits of repaying a mortgage rather than paying rent. Enquire
Save Money Now! Discounts available to You
Even if you've only been a tenant for 2 years you can still save up to 44% (or £33,000) of the price of your home! If you've lived there longer your savings are even bigger!   (subject to maximum cash limit on regional basis) Period as tenant Houses Flats/ Maisonettes 2 yrs 32%  £24,000 44%  £33,000 5 35%  £26,250 50%  £37,500 10 40%  £30,000 60%  £38,000 15 45%  £33,750 70%  £38,000 20 50%  £37,500 70%  £38,000 25 55%  £38,000 70%  £38,000 30 60%  £38,000 70%  £38,000 Over 30 60%  £38,000 70%  £38,000 You could well be living in the largest investment opportunity you'll ever see!
Compare your rent to mortgage repayments Typical Example:
A client's home was valued at £75,000 £75,000 With a 55% discount (£38,000 limit) they purchased it for £37,000 They require extra cash for property modernisation £10,000 Giving them a mortgage requirement of £47,000 Assuming a mortgage rate of 5.5%APR variable this gives a monthly payment of £288.62 or the equivalent of £66.42 per week. Figures based on a 25 year capital repayment basis. Outcome: The client has purchased a house worth £75,000 and it is likely to grow in value. It cost them £47,000 plus loan interest. Your mortgage repayments should compare favourably with your rent especially when you consider you'll be owning a valuable asset. Let us do a detailed FREE, no obligation review of your personal situation and show you how you could benefit financially from "Right to Buy". Enquire today

Licensed by the OFT as a credit broker, number 558724

Registered with the Information Commissioner - Z8703415

© Copyright Solution Loans 2005-7. All rights reserved. Solution Loans is a trading style of Affiniti Digital Media Ltd